Lyft (LYFT) Operating Expenses (2018 - 2026)
Lyft (LYFT) posted Operating Expenses of $1.8 billion for Q2 2026, up 8.46% on a QoQ basis from $1.7 billion in Q1 2026, and up 13.26% year-over-year from $1.6 billion in Q2 2025.
Analysis
Lyft (LYFT) Operating Expenses (2018 - 2026) Analysis & Trends
Lyft has reported Operating Expenses for 9 years, with the latest figure at $1.8 billion in Q2 2026.
- On a quarterly basis, Operating Expenses rose 13.26% year-over-year to $1.8 billion in Q2 2026; TTM through Jun 2026 was $6.9 billion, a 11.76% increase from a year earlier, with the FY2025 full-year figure at $6.5 billion, up 10.16% from the prior year.
- Operating Expenses was $1.8 billion for Q2 2026 at Lyft, up from $1.7 billion in the prior quarter.
- The five-year high for Operating Expenses was $1.8 billion in Q2 2026, with the low at $1.1 billion in Q1 2022.
- Average Operating Expenses over 5 years is $1.5 billion, with a median of $1.5 billion recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Operating Expenses soared 42.42% in 2022, then dropped 27.46% in 2023.
- Over 5 years, Operating Expenses stood at $1.8 billion in 2022, then declined by 27.46% to $1.3 billion in 2023, then increased by 18.49% to $1.5 billion in 2024, then rose by 16.78% to $1.8 billion in 2025, then increased by 1.03% to $1.8 billion in 2026.
- The last three Operating Expenses figures came in at $1.8 billion (Q2 2026), $1.7 billion (Q1 2026), and $1.8 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Uber Technologies | 154.57 Bn | 149.36 Bn | 6.38 Bn | 12.30 Bn |
| 2 | DoorDash | 91.73 Bn | 86.40 Bn | 2.35 Bn | 4.30 Bn |
| 3 | Grab Holdings | 14.00 Bn | 10.27 Bn | 435.00 Mn | -244.00 Mn |
| 4 | Lyft | 6.33 Bn | 4.53 Bn | 917.12 Mn | 1.80 Bn |
| 5 | Marti Technologies | 172.09 Mn | 159.58 Mn | 15.30 Mn | -20.12 Mn |
| 6 | Ryde | 87.58 Mn | 87.58 Mn | - | -2.49 Mn |
| 7 | Swvl Holdings | 49.12 Mn | 41.74 Mn | - | - |
| 8 | Scientific Energy | 7.90 Mn | -601,872.18 | 7.63 Mn | 7.39 Mn |
| 9 | Pony | 689,999.98 | 680,158.98 | 3,440.00 | 54,249.00 |
| 10 | Freight Technologies | 121,194.63 | -225,523.37 | 373,200.00 | 5.14 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.80 Bn |
| Mar 31, 2026 | 1.66 Bn |
| Dec 31, 2025 | 1.78 Bn |
| Sep 30, 2025 | 1.66 Bn |
| Jun 30, 2025 | 1.59 Bn |
| Mar 31, 2025 | 1.48 Bn |
| Dec 31, 2024 | 1.52 Bn |
| Sep 30, 2024 | 1.58 Bn |
| Jun 30, 2024 | 1.46 Bn |
| Mar 31, 2024 | 1.34 Bn |
| Dec 31, 2023 | 1.28 Bn |
| Sep 30, 2023 | 1.20 Bn |
| Jun 30, 2023 | 1.18 Bn |
| Mar 31, 2023 | 1.22 Bn |
| Dec 31, 2022 | 1.77 Bn |
| Sep 30, 2022 | 1.34 Bn |
| Jun 30, 2022 | 1.36 Bn |
| Mar 31, 2022 | 1.07 Bn |
| Dec 31, 2021 | 1.24 Bn |
| Sep 30, 2021 | 1.07 Bn |